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10/30
08:21
Blockaid CEO Ido Ben-Natan suspects attackers manipulated Binance’s transaction-signing infrastructure, drawing parallels with the Bybit hack. This suggests the incident may stem from private key misuse rather than direct theft.
08:19
The ETH (Ethereum) spot price spread between Binance and Coinbase has widened to 1.11% (Binance $2,237.73, Coinbase $2,213.27, Binance premium). Inter-exchange price discrepancies often accompany localized liquidity changes; please be aware of the risks.
08:18
Cryptocurrency platform Binance confirmed on Thursday it had fallen victim to a major hack, leading to the freezing of over $2.5 billion in an effort to prevent theft and the suspension of trading on certain products. Despite Binance's insistence that "user funds are completely safe," Tether and Circle, led by their respective CEOs Paolo Ardoino and Jeremy Allaire, have frozen approximately $1.6 billion in USDT and over $800 million in USDC related to the incident. Former Binance chief Changpeng Zhao also confirmed the attack. Industry observers suggest this could be the largest cyberattack of its kind, surpassing the $1.5 billion stolen from Bybit in February 2025. Bitcoin prices fell more than three percent following the news.
08:09
Binance founder Changpeng Zhao (CZ) retweeted a post by SujalJethwani to clarify a suspected security incident at Binance. The tweet noted that while hot wallets reported $5.8 billion in outflows, Binance's total reserves stood at $165 billion, meaning the outflows accounted for less than 3.5%. Tether has frozen over $1.567 billion in USDT, and Circle has frozen $823 million in USDC, totaling over $2.3 billion in locked funds. Additionally, Binance's SAFU insurance fund holds approximately 15,000 Bitcoin, valued at over $1 billion. Both CZ and Binance's official channels stated that user funds are secure, and the withdrawal pause was solely for security checks, emphasizing that Binance possesses real reserves and the SAFU fund, distinguishing it from the nature of the FTX incident.
08:03
Stablecoin issuers including Tether, Circle, Ripple, and Donald Trump-affiliated World Liberty Financial have frozen over $2.6 billion in digital assets linked to a suspected security breach at Binance, which involved nearly $6 billion in outflows. Specifically, Tether froze over $1.567 billion in USDT on October 29, Circle froze approximately $823 million in USDC, Ripple reportedly froze about $200 million, World Liberty Financial froze $27 million in USD1, and Paxos also froze over $8 million worth of PAX Gold tokens. Furthermore, attackers continued to move assets after the initial freeze, depositing $60 million in USDT to Aave and borrowing approximately 19,800 ETH (worth $45 million), leading Aave to pause most of its Ethereum lending markets. Binance has confirmed it is investigating the suspicious activity and stated that customer assets are secure.
08:02
PAG has agreed to acquire a majority stake in China Evergrande Property Services Group Ltd. for HK$4.03 billion (approximately US$514 million). This news has been confirmed via a HKEX filing, consistent with earlier reports from Bloomberg.
08:02
According to Wu Blockchain, citing Arkham data, the entity tagged "binance-hacker-1029" is associated with 66 on-chain addresses, holding approximately $5.88 billion in crypto assets. This includes 1.768 billion USDT, 18,270 BTC (approximately $1.44 billion), 466,622 ETH (approximately $1.06 billion), and 824.56 million USDC. Binance previously confirmed that $2.54 billion in assets related to this hack have been frozen, and the total amount may increase as recovery efforts continue. The $5.88 billion disclosed by Arkham represents the holdings of these addresses, not the confirmed stolen amount.
08:02
Showdown founder Stan Cifka stated in an interview on October 14, 2026, that the sole purpose of using crypto technology in games should be to enhance user experience. He emphasized that blockchain games must at least achieve the quality of Web2 games, as attracting players through speculation, Web3 branding, or simply being built on Solana is no longer viable. Cifka believes that despite crypto's poor reputation among Web2 gamers and some VCs' reluctance to invest, superior products will ultimately drive adoption. He predicts that in two decades, 50% to 99% of games will incorporate blockchain technology, viewing the internet, AI, and crypto as the three major transformations reshaping society.
08:01
Ukraine has reportedly paused its attacks on Russian oil refineries following pressure from former President Donald Trump, according to The Wall Street Journal. This unofficial halt allegedly began early last week and is expected to last until after the U.S. midterm elections, potentially extending into November.
07:46
Amazon CEO Andy Jassy stated on Thursday's quarterly earnings call that AWS is on track to become a trillion-dollar annual revenue business within the next 5 to 10 years, predicting over 40% growth in both 2027 and 2028. To achieve this goal, Amazon expects to invest approximately $220 billion in capital expenditures in 2026 (primarily for AWS) and plans to significantly increase investments in 2027 to build AI infrastructure. Following this news, Amazon's stock price fell by about 6% in after-hours trading.
07:42
JPMorgan Asset Management believes the yuan could gain 10% as China's push to internationalize the currency has entered a "steady, slow, but nonstop" phase, which is expected to support further appreciation.
07:34
Reports of suspicious multibillion-dollar transfers from Binance-linked wallets fueled market uncertainty. BNB fell 7%, Bitcoin and Ether also declined, and the broader crypto market dropped 3.3%.
07:32
CryptoSlate reported that a Binance hot wallet was allegedly drained by an address linked to Tornado Cash. Bitcoin briefly fell to $78,297 on Binance on October 29, and was approximately $79,126 at the time of publication. Binance stated it is investigating potential security issues, with CZ saying it "looks like a hack." Tether has frozen approximately $1.57 billion in related funds, and Circle has frozen approximately $823 million. On-chain monitoring also recorded outflows of 28,005 ETH (approximately $64.9 million) and 780 million USDC. The total amount transferred across five chains is close to $2.8 billion, but the full amount has not yet been verified. CoinGlass stated that nearly $1 billion in crypto market liquidations occurred in the past 24 hours, with Bitcoin and Ethereum accounting for $289 million and $236 million, respectively.
07:12
Former U.S. President Donald Trump announced on Truth Social his "complete and total endorsement" of Congressman Troy Downing for re-election in Montana's 2nd Congressional District. Trump praised Downing for advocating for farmers and ranchers in Congress, supporting American energy dominance, securing the border, strengthening the military and veterans' benefits, defending the Second Amendment, and upholding "peace through strength." Trump also criticized Downing's opponent, Brian Miller, as a "radical left Democrat" who opposes tips, overtime pay, and tax-free Social Security, and advocates for massive tax increases and open border policies.

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